7003 Old Clinton Pike, Knoxville, TN 37921

Knoxville
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
7003 Old Clinton Pike,Knoxville, TN 37921
$580,000
  • - Beds
  • - Baths
  • 2,688 sq. ft.
  • Multi-family
  • Active
Listed by: robin butler
Office: realty executives associates
MLS#:1323395
Source:TN_KAAR

Price summary

  • Price:$580,000
  • Price per sq. ft.:$215.77

About this home

Turnkey 4-Unit Investment Opportunity in Prime Knoxville Location Well-positioned 4-plex located in the heart of a thriving shopping and dining district. This property features four separate 1-bedroom, 1-bath units, each offering approximately 672 square feet, private entrances, and designated parking. Two units have been extensively renovated with granite countertops, updated appliances, new flooring, and fresh paint. The remaining two units offer recent updates including new flooring and paint, providing a balanced mix of stabilization and future upside. Major systems including HVAC and windows have been updated, reducing near-term capital expenditure concerns. Tenants are responsible for all utilities and trash service, contributing to an efficient operating structure. Investment Highlights: • Current gross income: $48,000 annually • Scheduled rent increases bring projected gross income to $50,400.00 starting June 2026. • Low operating expense structure (annually...

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Home facts

  • Year built:1981
  • Listing ID #:1323395
  • Added:421 day(s) ago
  • Updated:March 10, 2026 at 02:26 PM

Rooms and interior

  • Flooring:Carpet, Laminate, Tile
  • Living area:2,688 sq. ft.

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Central, Electric, Heat Pump

Structure and exterior

  • Year built:1981
  • Building area:2,688 sq. ft.
  • Lot area:0.4 Acres
  • Construction Materials:Block, Cedar, Frame

Finances and disclosures

  • Price:$580,000
  • Price per sq. ft.:$215.77

Features and amenities

  • Amenities:Windows - Vinyl

Parking

  • Parking description:On Premise Parking

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